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LAUREATE EDUCATION, INC. — Director's Dealing 2021
Apr 6, 2021
31075_dirs_2021-04-05_d18fba6f-a682-4108-aca4-b94825b9dd19.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2021-04-01
Reporting Person: Buskirk Richard M. (SVP & Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 45576 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (642) | Direct | ||
| Employee Stock Option (Right to Buy) | $17.44 | 2025-05-14 | Class B Common Stock (7232) | Direct | |
| Employee Stock Option (Right to Buy) | $17.44 | 2026-05-02 | Class B Common Stock (2803) | Direct | |
| Employee Stock Option (right to buy) | $17.89 | 2027-06-14 | Class A Common Stock (4028) | Direct | |
| Employee Stock Option (right to buy) | $13.97 | 2028-03-07 | Class A Common Stock (5825) | Direct | |
| Employee Stock Option (right to buy) | $14.90 | 2029-03-06 | Class A Common Stock (7729) | Direct |
Footnotes
F1: Includes 24,819 restricted stock units, 2,932 of which will vest on December 31, 2021, 20,000 of which will vest on March 15, 2022 and 1,887 of which will vest on December 31, 2022, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F2: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.
F3: These options are fully exercisable.
F4: This option vests in three equal annual installments. The first two annual installments vested on December 31, 2019 and December 31, 2020. Subject to the reporting person's continued employment, the final installment will vest on December 31, 2021.